Coinbase CEO Brian Armstrong published a blog post on the company’s website on Tuesday titled “The future of money is here — and it’s crypto.”
Brian Armstrong said that after a massive market correction, cryptocurrencies have increased in value by 90% this year, with trading volumes surging 60% in the fourth quarter. Armstrong pointed out that 425 million people around the world currently own cryptocurrencies, and 83% of G20 countries and major financial centers have implemented or are developing regulations to provide certainty to the industry. With this kind of scale and momentum, innovation builds on itself. Furthermore, Armstrong emphasized that cryptocurrencies are not just here to stay, they are the future of money, and the industry has turned the corner on illegal practices and compliance that have hindered its progress. Growth has arrived.
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